Companies in Colombia Unaware of Losses Due to Labor Turnover as Worker Departures Rise in 2025

The average total turnover rate stood at 22.1%, up from 19.6% in 2024. Photo: iStock

Companies in Colombia Unaware of Losses Due to Labor Turnover as Worker Departures Rise in 2025

TL;DR

  • 77.3% of Colombian companies do not calculate the financial costs associated with employee turnover.
  • The average total turnover rate in 2025 was 22.1%, an increase from 19.6% in 2024.
  • Unwanted turnover reached 15.4%, indicating unplanned departures affecting business continuity.
  • Companies offering less competitive salaries and benefits experience higher rates of staff departure and absenteeism.
  • Flexible work arrangements, such as home office, are associated with lower turnover and absenteeism rates.
  • The production area has the highest turnover rate at 46.8%.
  • Only 35.3% of employee absences were justified, highlighting a significant proportion of unjustified absenteeism.
  • The primary cause of absenteeism remains illness or non-occupational accidents (82.5%).
  • Lack of cost calculation hinders the implementation of effective talent retention strategies.
  • Turnover and absenteeism are critical indicators for identifying flaws in organizational climate, culture, and talent management efforts.